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Ministry of Public Infrastructure expends majority of $38.7B Budget
The Ministry of Public Infrastructure has expended $34.1B, or 88 percent of its $38.7B 2019 Budget allocation.
This was related to media operatives at the Ministry’s annual Year-in-Review by subject Minister David Patterson.
He said that the Ministry was successfully able to complete a large number of projects, which resulted in 100% expenditure of their Current Budget Allocation and 84% of their Capital Budget Allocation.
Of the $4.6B which was unspent, monies were budgeted for several major projects which the Ministry was unable to undertake/complete in 2019.
These include the East Coast & East Bank Bypass for which $2.1B was Budgeted, Ocean Going Ferry at $200M, $600M for the Sheriff Mandela project, and $585M for a Matrix Study.
The Ministry’s Work Services Group received $29.8 B, of which$23.6 was expended. The remainder of the sum accounts for some of the projects which the Ministry was unable to undertake.
Several of the Ministry’s Subdivisions were able to expend 100% of their budgets, including include Sea Defence – $ 5.7B and Hinterland Projects $2.05, while most of the other Subdivisions expended the majority of their allocations.
Patterson concluded that this was a very good year for the Ministry and most, if not all of the subdivisions performed exceptionally well. He credited the Ministry’s staff for this achievement.
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